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ByNN Desk
Avoca Raises $125M Series B, Hits Unicorn Status
Avoca, an AI platform built for home services businesses, has raised more than $125 million across its Seed, Series A and Series B rounds at a $1 billion valuation, vaulting the New York-headquartered startup into unicorn territory.
The New York-based startup, backed by Meritech, General Catalyst, Kleiner Perkins and Y Combinator, is on track to book $1 billion in jobs this year through AI agents built for HVAC, plumbing and other service businesses.
Avoca, an AI platform built for home services businesses, has raised more than $125 million across its Seed, Series A and Series B rounds at a $1 billion valuation, vaulting the New York-headquartered startup into unicorn territory.
The Series B was led by Meritech Capital and General Catalyst, while the earlier Series A was led by Kleiner Perkins. The company is also backed by Amplify Partners, Nexus Venture Partners and Y Combinator across its funding history.
Founded by Apurva Shrivastava and Tyson Chen, Avoca builds AI agents that handle voice calls, texts, chats and email across the customer journey for service businesses, answering inbound leads within seconds, booking jobs directly into customer CRMs, following up on outstanding estimates and running outbound marketing campaigns. The system runs around the clock and integrates with existing tools, allowing operators to capture more demand without adding headcount.
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The company says it crossed eight figures in annual recurring revenue in 2025 and is on track to book $1 billion in jobs this year.
Shrivastava said every successful contractor already has a winning playbook, answer every call, follow up relentlessly, fill the schedule before it empties, but execution typically breaks down when demand spikes or teams are stretched thin. He said Avoca’s AI is always on, capable of booking a job at 3 a.m., reviving an unsold estimate sitting dormant in a CRM, or launching a tailored marketing campaign on its own.
Co-founder Tyson Chen said home services remained one of the last large underdigitized markets, and that early skepticism among contractors gave way to broad adoption once trust was established.
Avoca has built partnerships with industry platforms ServiceTitan, Nexstar and Clover, and counts large operators including Turnpoint, 1-800-GOT-JUNK? and Goettl among its customers.
Alex Clayton, General Partner at Meritech Capital, said AI voice for home services did not exist as a category three years ago and that Avoca created it. Vedant Suri, Partner at General Catalyst, framed the company as building “an AI workforce” for the millions of service businesses that keep America running. Leigh Marie Braswell, Partner at Kleiner Perkins, described Avoca as core infrastructure for how the industry operates rather than a tool layered on top.
Looking ahead, Avoca plans to expand beyond home services into adjacent phone-and-technician-driven categories including moving, junk removal, automotive services and property management.
The bigger story: while most enterprise AI to date has focused on optimizing knowledge work, emails, decks, documents, Avoca is targeting the front office of a $1 trillion-plus services economy that has been largely overlooked by software, betting that the next wave of AI value lies in the physical, on-the-ground businesses that have historically been the hardest to digitize.
Disclaimer: This news is based on publicly available information. NervNow has not verified it independently.
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